With the day-to-day uncertainties of business management, liability insurance is something you cannot do without. Accidents happen – on site, off site, with employees and with customers – no matter how much you’ve planned. It is a critical part of any insurance portfolio, regardless of your industry.
Liability insurance can help cover medical expenses, attorney fees and damages you are legally responsible for. It can also offer protection against situations that may not have even crossed your mind. For example, any individual or business providing an opinion, making recommendations, designing products/solutions or offering a service is at risk for a professional liability lawsuit. Nationwide can help with defense costs, regardless of fault, as well as protection for judgments, court costs and more.
Nationwide offers great basic plans that can be easily customized with a wide variety of options so you can select the coverage you need. We understand that you need complete business protection, not one-size-fits-all coverage. Our agents will work with you to determine the right type of commercial liability insurance you need for every stage of your business.
You can enhance a basic policy with additional commercial liability insurance options, known as endorsements, that meet the specific needs of your business.
Liability insurance is any insurance policy that protects an individual or business from the risk that they may be sued and held legally liable for something such as malpractice, injury or negligence.
Liability insurance policies cover both legal costs and any legal payouts for which the insured would be responsible if found legally liable. Intentional damage and contractual liabilities are typically not covered in these types of policies.
Key products handled by the vertical include:
- Commercial General Liability (CGL) Insurance
- Cyber Crime Liability
- Credit Insurance
- Director’s & Officers Liability Insurance (D&O)
- Professional Indemnity / E&O insurance
- Clinical Trials Liability Insurance
- Commercial Crime Insurance
- Kidnap, Ransom & Extortion Insurance
- Intellectual Property Rights Litigation Insurance